X Company has two production departments, X and Y. Listed below is budgeted information for the two departments for the year, and actual information for one of the products that it produced during the year, Product 1: All Products Department X Department Y Overhead Direct labor Direct labor hours Machine hours Units produced $4,500,000 $680,000 40,000 120,000 50,000 $2,000,000 $680,000 40,000 140,000 37,000 Product1 Overhead Direct labor Direct labor hours Machine hours Units produced $13,804 812 1,000 730 $3,264 192 880 730 Using a departmental allocation system with direct labor as the cost driver in Department X and units produced as the cost driver in Department Y, what was the allocation to Product 1 [round allocation rates to two decimal places]